Arina Silver – Placing to raise £600,000

Arian Silver Corporation (“Arian Silver” or the “Company”) is pleased to announce that it has raised £600,000, before expenses, through the placing of 120 million units (“Units”) of 0.5p each (“the Placing”) through its broker Beaufort Securities Limited (“Beaufort”). Each Unit comprises one new common share (“Placing Share”) and one new share warrant (“Warrant”), which entitles the holder to subscribe for one Share at 0.6p. 12 million Warrants will be issued to Beaufort, each at an exercise price of 0.6p. The expiry date of each Warrant will be two years from the date of admission of the Placing Shares to trading on AIM